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CredAble and Chekk Forge Powerful Partnership to Revolutionize Digital KYC

Financial institutions worldwide are facing mounting challenges in scaling their working capital programs due to manual verification, fragmented data collection, and complex compliance requirements. In a strategic move to streamline digital KYC, working capital technology leader CredAble has partnered with Chekk, a renowned digital identity and Know Your Customer (KYC) solutions provider. This collaboration aims to modernize and accelerate the onboarding and compliance processes for banks and financial institutions in APAC, MENA, and Europe.

By leveraging Chekk’s Multi-Sources Engine, institutions can significantly reduce the labor-intensive task of gathering corporate data from various sources. The result is faster onboarding, improved risk assessment, and real-time verification of Ultimate Beneficial Owners (UBOs) and controlling shareholders—all achieved in under 20 seconds with cutting-edge video-based identity verification and anti-fraud mechanisms.

Financial institutions globally struggle with legacy KYC and Know Your Business (KYB) processes that are often costly, time-consuming, and susceptible to fraud. Many institutions rely on manual checks, making scalability a challenge. The partnership between CredAble and Chekk addresses these inefficiencies by integrating automated data sourcing and verification across 220 countries and territories, offering region-specific solutions tailored to regulatory frameworks.

Key benefits of this collaboration include:

Automated corporate data sourcing from multiple global databases.
Real-time identity verification using AI-driven video authentication.
Advanced risk assessment models to mitigate fraud and regulatory risks.
Seamless integration with financial institutions via robust API and SDK solutions.

With this partnership, financial institutions gain access to business-relevant data, streamlined compliance workflows, and faster client onboarding—allowing them to focus on innovation rather than regulatory bottlenecks.

How CredAble and Chekk are Reshaping Digital Compliance

The partnership between CredAble and Chekk brings together two industry leaders with complementary strengths. CredAble’s expertise in working capital financing technology combined with Chekk’s digital KYC, AML, and KYB capabilities creates an end-to-end compliance and risk management ecosystem.

Chekk’s Multi-Sources Engine enables financial institutions to:

Assess corporate data from multiple international databases.
Instantly verify UBOs and controlling shareholders.
Implement anti-fraud measures with AI-driven identity verification.

This integration eliminates the need for complex engineering efforts, reducing onboarding time and compliance costs while enhancing fraud detection.

A Game-Changer for Global Financial Institutions

The financial industry is undergoing rapid digital transformation, and seamless compliance solutions are at the core of this evolution. CredAble’s partnership with Chekk positions both companies as leaders in digital onboarding and risk mitigation, paving the way for broader adoption of digital KYC and KYB frameworks.

Satyam Agrawal, MD, Global Head of BaaS, SME, and Analytics at CredAble, highlighted the importance of this collaboration:

“The partnership marks a key moment towards global expansion for CredAble and aligns with our strategy to offer powerful onboarding automation for financial institutions. Together, CredAble and Chekk are well-positioned to spearhead the digital banking revolution across key international markets with automated workflows, advanced underwriting, and localized compliance support.”

Chekk’s Co-founder & CEO, Pascal Nizri, emphasized the impact on risk mitigation:

“Our partnership with CredAble exemplifies our commitment to strengthening onboarding and risk mitigation for banks and FinTechs worldwide. By integrating Chekk’s next-generation Digital Identity, KYC & KYB solutions with CredAble’s working capital financing suite, we are empowering financial institutions with transformative engagement and credit decisioning capabilities.”

Conclusion: The Future of Digital KYC is Here

The collaboration between CredAble and Chekk represents a milestone in digital KYC innovation, enabling financial institutions to streamline onboarding, enhance risk management, and drive efficiency. As the demand for secure, compliant, and scalable financial services grows, this partnership provides the tools needed to stay ahead in an increasingly digital-first world.

With API-backed integration, AI-driven fraud prevention, and seamless verification capabilities, the future of digital KYC is no longer a challenge—it’s an opportunity for financial institutions to scale securely and efficiently.